Agro Loan
CREDO Bank’s agro loan is intended for people engaged in agriculture, whose main source of income is basically agro activity.
No matter you receive the full or take-home income, or it is deposited on your account, we will fund any of your needs in spite of the fact whether you have a good credit history or not.
A seasonal payment schedule enables you to pay the loan with installments adapted to your returns.
You can receive the amount online, in the Internet and mobile bank – Mycredo, as well as traditionally, in any of our service centers.
In partnership with the EBRD, receive up to 10% cashback on equipment purchased through Credo Bank to support the development of agricultural, tourism, and urban businesses in Georgia!
For more details, visit the link.
- Annual interest rate: from 19%
- Effective interest rate: from 22.45%
- Loan amount: from 500 GEL to -50,000 GEL
- Term: 4 - 60 months
- Lending commission: from 2.5%
- Loan monitoring fee: from 0.5 GEL
- Insurance commission: from 0%
- Current account monthly service fee: 1 GEL
- Standard contract example check here
- Flexible loan payment schedule adapted to incomes and wishes, with seasonal payments
- Grace period up to 11 months
- Quick and simple procedure of taking a loan
- CREDO’s representative in all villages
- Chance of demanding the amount online and receiving it with a cheaper tariff – in the Internet and mobile bank Mycredo